Feud over, sportswear maker Descente to raise its game in China

Company accepts management picks from Itochu after hostile bid

20190326 Nanshan ski resort

Snowboarders enjoy a day at the Nanshan ski resort, east of Beijing. Sportswear maker Descente hopes to capitalize on the 2022 Beijing Winter Olympics to boost sales in China. © Reuters

YUJI OHIRA and HIROYUKI KOIZUMI, Nikkei staff writers

March 26, 2019 04:22 JST

TOKYO/OSAKA -- Japanese sportswear maker Descente said Monday it has agreed to a management reshuffle proposed by trading house Itochu, ending a bitter clash with its largest shareholder and freeing the two to pursue a new growth strategy centered on China.

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